Data Dimensions to Provide Year 2000 Services to Frank Russell Co.BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 30, 1996--Data Dimensions Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DDIM DDIM Dry Deposition Inferential Method DDIM Device Driver Initialization Model ), a leading information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. services company and the world's leading provider of Year 2000 (millennium) planning and update services, announced today that it has been retained by Frank Russell Frank Russell may refer to the following people:
The contract runs through the Year 2000 and includes all phases of the millennium update, including planning, pilot programs and implementation. "Data Dimensions is helping us address our Year 2000 issues on an enterprise-wide level, so that we can assure continued conduct of our business with minimal interruptions in customer service or operations," said William Larsen, Year 2000 project director for Frank Russell Co. "We chose Data Dimensions because they have the expertise to solve this problem and objectivity in searching for the tools that are best suited to our needs. We are confident that, by working with the leader, we will achieve full millennium compliance cost-effectively and without significant disruption to our business and customers." Data Dimensions has provided Year 2000 consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" for more than 160 organizations worldwide, including more than two dozen of the U.S. Fortune 500 companies. The company is widely regarded as the knowledge leader in the millennium services industry. The millennium problem arises from the widespread use of computer programs that rely on two-digit date codes to perform certain computations and decision-making functions. Many of these computer programs may fail due to an inability to properly interpret date codes. For example, such programs may misinterpret mis·in·ter·pret tr.v. mis·in·ter·pret·ed, mis·in·ter·pret·ing, mis·in·ter·prets 1. To interpret inaccurately. 2. To explain inaccurately. "00" as the year 1900 rather than 2000, causing computational errors and even complete system crashes in critical applications. It is estimated that several hundred billion lines of computer code are impacted by this problem worldwide, and that businesses and governments will need to spend billions of dollars and considerable time and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. to convert programs and data to include century. Frank Russell Co., one of the world's leading asset consulting and investment management firms, provides investment advice, products and funds to institutional and individual investors in more than 20 countries. Russell, the largest pension fund consultant in the world, represents more than $600 billion globally and provides equity indexes and other analytical tools to help track investment performance. Headquartered in Bellevue, Data Dimensions Inc. provides high-quality, knowledge-based and tools-assisted consulting and licensing services, including the most comprehensive service and product offering available for the Year 2000 update. The company's proprietary business process technology, ARDES 2K, includes software tools, planning guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. , assessment instruments, automated reporting mechanisms, project management methods, and other tools that Data Dimensions has developed during its five years of millennium update work performed for more than 160 clients worldwide. The company began providing millennium consulting services in 1991 and has specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. exclusively in the area since 1993. The company's clients include multinational leaders in insurance, health care, telecommunications, manufacturing, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , public utilities and government, served domestically and through nine affiliate licensees in 23 foreign countries. CONTACT: Data Dimensions Villette Nolon, 206/688-1000 or Kaufer Miller Communications John Swenson, 206/450-9965 JohnSw@kmcomm.com |
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